U.S. stocks off in light holiday trading

CBS.MarketWatch.com

NEW YORK (CBS.MW) - U.S. stocks slumped Tuesday, struggling for direction in a quiet holiday session. See full story.

Oracle may drop PeopleSoft bid over refund offer

SAN FRANCISCO (CBS.MW) -- PeopleSoft's innovative defensive maneuver against a hostile Oracle takeover could indeed make the company too expensive and block the bid, Oracle said. See full story.

Cablevision shares drop after earnings news

NEW YORK (CBS.MW) -- Cable television giant Cablevision said Tuesday that it would restate its quarterly results for 2003, including a revision to show $15 million of expenses that were not properly reported. See full story.

AstraZeneca: Anti-clotting drug shows promise

BOSTON (CBS.MW) -- AstraZeneca said Tuesday that the results of a major new study support the potential of the pharmaceutical company's Exanta drug to prevent stroke, a leading cause of death and disability. See full story.

Retail Stocks: Upgrades, higher sales drive retail sector higher

CHICAGO (CBS.MW) - A spate of analyst upgrades coupled with last week's strong sales results at chain stores gave the retail sector's main measure an early lift Tuesday. See full story.

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